Aemulus set to ride on robust demand - News Summed Up
Aemulus set to ride on robust demand

Aemulus set to ride on robust demand

November 22, 2021 05:28 UTC

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Aemulus set to ride on robust demand


GEORGE TOWN: Aemulus Holdings Bhd has secured over RM60mil worth of orders for semiconductor automated test equipment to be delivered over the next 36 months. Group chief executive officer Ng Sang Beng (pic) told StarBiz the orders were from multinational companies in Malaysia and China. Aemulus factoryAccording to India-based 360 Research Report, the automotive test equipment market revenue will grow to US$3.47bil (RM14.52bil) in 2025 from US$2.49bil (RM10.42bil) in 2019, representing at a compounded annual growth rate of 5.6%. “Our automotive test equipment is primarily designed to test the essential electronic components used in the interior lightings and sensors of vehicles,“ he said. “This will require the country to purchase more automated test equipment from overseas.


Source: The Star November 22, 2021 05:28 UTC



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